1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mario62 [17]
1 year ago
13

mr. morgan earns $38,000 a year as a salesperson and a 5% commission on all his sales. he has a mortgage of $910 a month and pay

s $175 a month for utilities. mr. morgan owns a rental property for which he receives $680 per month.which is a liability? the ye
Business
1 answer:
9966 [12]1 year ago
7 0

The mortgage is a liability.

A mortgage is an agreement between you and a lender that gives the lender the proper to take your house if you fail to pay off the money you've borrowed plus interest. loan loans are used to buy a home or to borrow money in opposition to the price of a domestic you already personal. Seven things to search for in a mortgage.

An instance of a mortgage is the loan you took out when you bought your property. To mortgage is whilst you take a loan and use your home as collateral. An example of a mortgage is when you visit a financial institution and borrow money in opposition to your home.

The mortgage existence cycle starts whilst a man or woman makes a decision to purchase a residence and techniques a financial group for the loan. It continues until the borrower repays the final charge to the loan issuer.

Learn more about mortgage here brainly.com/question/1318711

#SPJ4

You might be interested in
A stock has an average return of 19.2 percent and a standard deviation of 10.7 percent. In any one given year, you have a 95 per
Papessa [141]

Answer:

1. -2.2% 2. 40.6%

Explanation:

95%probability range =0.192±(2*.0107)=-2.2% to 40.6%

With the use of tables, we can work out above figures

95% given in question

Standard deviation given 10.7%

Average return=19.2%

7 0
2 years ago
An analyst obtains a market quote for the two-year forward rate two years from now. to derive the next point on a theoretical an
Nutka1998 [239]

An analyst obtains a market quote for the two-year forward rate two years from now. to derive the next point on a theoretical annual forward rate curve, the analyst can use the three-year and five-year spot rates.

Given the two-year forward rate two years from now, the next point on an annual forward rate curve is the two-year forward rate three years from now, 3y2y. This rate can be derived from the three-year and five-year spot rates as follows: (1 + S5)5 = (1 + S3)3(1 + 3y2y)2.

Job Analysts paint in the HR branch of companies or groups and study occupations and jobs to attention on category structures inside that field. The attention at enterprise and occupational developments in addition to employee relationships.

According to the U.S. Bureau of Labor Statistics, the median economic analyst revenue is around $85,000, however, this range may be deceptive due to the fact the common economic analyst revenue is nearer to $100,000 because of the acute boom in profits over time.

Learn more about analysts here: brainly.com/question/890849

#SPJ4

6 0
1 year ago
Up until this point, the owners have felt that creating a website was an unnecessary expense because you can't sell lattes onlin
Tems11 [23]

Marketing web Design CaffeGustoso to focus on providing information about its products and new locations to promote its offline sales.

Explanation:

Video Marketing  includes  the process of posting digital videos on social website  in order to promote a product or a service.

The only product that Caffe Gustoso has is the coffee so the suggestion will be to create a series of entertaining videos to increase the consumer engagement with coffee and to provide information related to its location with the motive to boost online sale.

Thus we can say that the initiative will be to -Marketing web Design Caff eGustoso to focus on providing information about its products and new locations to promote its offline sales.

6 0
3 years ago
What do you do if your lender rejects your loan application
Dima020 [189]

Answer:you tie a noose and hope for the best my friend. and if all goes south, you have a backup plan.

Explanation:

8 0
3 years ago
Consider the impact of the following two events in the television market.First, people are using more tablets and fewer televisi
babunello [35]

Answer:

The correct answer is option B.

Explanation:

As people are using more tablets and fewer television sets, the demand for television sets will decline. This will cause the demand curve to shift to the left. As a result, the price level will decline.  

Now, with new production technique the cost of production declines. As a result, there will be an increase in the supply as the firm will be able to produce more at the same cost. This will cause the supply curve to shift to the right. This rightward shift in the supply curve may lead to an increase or decrease in the quantity of output. It depends on the extent of change in supply.

7 0
3 years ago
Other questions:
  • Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $198,000 of raw materials on credit
    11·1 answer
  • Because of its quality​ investments, Carolina Corporation has always generated​ 30% to​ 40% of its gross income from passive sou
    9·1 answer
  • Grouper Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were
    6·1 answer
  • Adam's company recently suffered an attack where hackers exploited an SQL injection issue on their web server and stole sensitiv
    11·1 answer
  • Zhao Co. has fixed costs of $354,000. Its single product sells for $175 per unit, and variable costs are $116 per unit. The comp
    13·1 answer
  • Star co.had sale revenue £540000 in 2015
    8·1 answer
  • ‘In 1999 the UK government
    14·1 answer
  • Which of the following statements would come from someone classified as unemployed? Question 25 options: I can't stand my curren
    13·1 answer
  • Why do you think p2p apps have become so popular?
    7·1 answer
  • In the long-run, the supply of high-skill is perfectly elastic.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!